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The number of residential properties in the Providence-Warwick metro area in negative equity fell to 56,063 in the third quarter of 2013 from 58,292 in the second quarter, according to a CoreLogic report released Tuesday. more
The Consumer Price Index in the Northeast rose 1 percent over the last 12 months, according to a report from the U.S. Bureau of Labor Statistics. more
Confidence among U.S. homebuilders increased more than forecast in December, matching the highest level in eight years. more
The University of Rhode Island has been awarded the contract to operate the state’s Small Business Development Center, according to a release sent out by the U.S. Small Business Administration Tuesday. The announcement comes as Johnson & Wales University ends its eight-year stewardship of the center, which is dedicated to helping small businesses in the state by providing individual counseling, group programs and other services. more
Approximately 94.5 million Americans will travel from home during the year-end holiday season, an increase of 0.6 percent compared with last year, AAA Southern New England reported Tuesday. more
The U.S. Senate cleared and sent to President Barack Obama the first bipartisan budget produced by a divided Congress in 27 years, resolving for now spending issues that had helped spur a government shutdown in October. more
Beginning Jan. 1, Rhode Islanders who buy their electricity through National Grid will see their monthly electricity bills increase, the utility said Friday. more
Construction employment in Rhode Island rose 2.6 percent in November compared with the same period last year, adding 400 jobs for a total of 15,700 jobs, the Associated General Contractors of America reported Friday. more
Bank of America Corp., the second-biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company quelled claims tied to defective mortgages. The results beat Wall Street estimates, and the stock rose 2.6 percent in New York. more
Small businesses nationwide reported improved optimism as 2013 drew to a close, and reports of capital spending increased significantly, but the index measuring business owners’ sentiment in December still fell below previous mid-year readings and trailed the pre-2008 recession average by six points, the National Federation of Independent Businesses said Tuesday. more
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